Technological Progress in Iran’s Steel Industry

Technological Progress in Iran’s Steel Industry: A Regime-Based and Complex Product Systems Analysis

Iran’s steel industry plays a pivotal role in the country’s economy, contributing significantly to the global steel market. However, it faces notable challenges due to limited access to advanced global technologies. This article delves into how technological advancements have shaped the industry, focusing on the regime-based approach and Complex Product Systems (CoPS) as analytical frameworks.

The research identifies five key waves of capability-building in Iran’s steel sector. These waves include foreign technology transfer, reverse engineering, and the eventual development of indigenous technologies, such as the PERED process. By employing these strategies, the Iranian steel industry has managed to innovate and strengthen its technological infrastructure despite external constraints.

The study highlights that the steel industry’s growth has been driven by a blend of foreign technology integration and local innovations, making significant strides in technological progress. In comparison to other industries within Iran and steel industries worldwide, the Iranian steel sector demonstrates impressive adaptability and resilience.

This analysis of Iran’s steel industry showcases the country’s efforts to overcome technological limitations and remain competitive, offering valuable insights for those monitoring steel prices and technological advancements in the region.

Keywords: Iran’s steel industry, steel price, technological progress in Iran’s steel industry, foreign technology transfer, local innovation, PERED process, Complex Product Systems (CoPS), regime-based approach.

Source:
Soltan Zadeh, J., Rahmani, S., & Majid pour, M. (2023). Technological catch-up in the Iranian steel industry: Integrating regime-based and complex product systems approaches. Science Direct. [Link to article]